MKS Instruments, Inc. (NASDAQ:MKSI) Shares Bought by Handelsbanken Fonder AB

Handelsbanken Fonder AB boosted its position in MKS Instruments, Inc. (NASDAQ:MKSI - Free Report) by 42.5% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,100 shares of the scientific and technical instruments company's stock after buying an additional 5,400 shares during the period. Handelsbanken Fonder AB's holdings in MKS Instruments were worth $1,968,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of MKSI. Susquehanna Fundamental Investments LLC purchased a new position in shares of MKS Instruments during the 1st quarter worth approximately $918,000. Bessemer Group Inc. raised its position in MKS Instruments by 7.1% in the first quarter. Bessemer Group Inc. now owns 78,093 shares of the scientific and technical instruments company's stock worth $10,387,000 after acquiring an additional 5,184 shares in the last quarter. Vanguard Group Inc. raised its position in MKS Instruments by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 6,892,941 shares of the scientific and technical instruments company's stock worth $709,077,000 after acquiring an additional 39,045 shares in the last quarter. Comerica Bank lifted its holdings in MKS Instruments by 29.5% in the first quarter. Comerica Bank now owns 111,923 shares of the scientific and technical instruments company's stock valued at $14,886,000 after acquiring an additional 25,520 shares during the period. Finally, First Eagle Investment Management LLC boosted its position in shares of MKS Instruments by 7.6% during the 2nd quarter. First Eagle Investment Management LLC now owns 141,187 shares of the scientific and technical instruments company's stock worth $18,436,000 after purchasing an additional 10,000 shares in the last quarter. 99.79% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Elizabeth Mora sold 275 shares of the company's stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $115.97, for a total transaction of $31,891.75. Following the completion of the transaction, the director now owns 17,934 shares of the company's stock, valued at $2,079,805.98. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other MKS Instruments news, Director Jacqueline F. Moloney sold 250 shares of MKS Instruments stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of $108.90, for a total value of $27,225.00. Following the transaction, the director now owns 10,283 shares in the company, valued at $1,119,818.70. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Elizabeth Mora sold 275 shares of the business's stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $115.97, for a total transaction of $31,891.75. Following the sale, the director now directly owns 17,934 shares of the company's stock, valued at $2,079,805.98. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 2,575 shares of company stock valued at $303,660. Insiders own 0.46% of the company's stock.

Analyst Ratings Changes

Several brokerages recently commented on MKSI. Morgan Stanley assumed coverage on shares of MKS Instruments in a research note on Monday, August 5th. They issued an "overweight" rating and a $155.00 price objective for the company. TD Cowen lifted their price target on shares of MKS Instruments from $150.00 to $160.00 and gave the company a "buy" rating in a research report on Wednesday, June 12th. Wells Fargo & Company lowered their price target on MKS Instruments from $120.00 to $110.00 and set an "equal weight" rating on the stock in a report on Thursday, October 3rd. Deutsche Bank Aktiengesellschaft reduced their price objective on MKS Instruments from $140.00 to $120.00 and set a "hold" rating for the company in a report on Friday, August 9th. Finally, Mizuho upgraded MKS Instruments to a "strong-buy" rating in a research report on Monday. Five equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, MKS Instruments currently has a consensus rating of "Moderate Buy" and a consensus target price of $141.09.

MKS Instruments Trading Down 1.8 %

Shares of MKS Instruments stock traded down $1.92 during mid-day trading on Thursday, hitting $107.03. 574,483 shares of the stock were exchanged, compared to its average volume of 817,868. The stock has a market capitalization of $7.18 billion, a price-to-earnings ratio of -4.01, a price-to-earnings-growth ratio of 0.77 and a beta of 1.63. MKS Instruments, Inc. has a twelve month low of $63.44 and a twelve month high of $147.40. The company has a current ratio of 3.58, a quick ratio of 2.31 and a debt-to-equity ratio of 2.16. The company has a 50-day simple moving average of $111.11 and a 200 day simple moving average of $122.06.

MKS Instruments (NASDAQ:MKSI - Get Free Report) last announced its earnings results on Wednesday, August 7th. The scientific and technical instruments company reported $1.53 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.02 by $0.51. The firm had revenue of $887.00 million for the quarter, compared to analyst estimates of $866.38 million. MKS Instruments had a net margin of 0.25% and a return on equity of 14.91%. MKS Instruments's revenue was down 11.6% compared to the same quarter last year. During the same quarter last year, the business earned $1.32 earnings per share. Research analysts forecast that MKS Instruments, Inc. will post 5.6 EPS for the current year.

MKS Instruments Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 6th. Investors of record on Monday, August 26th were given a dividend of $0.22 per share. The ex-dividend date was Monday, August 26th. This represents a $0.88 annualized dividend and a yield of 0.82%. MKS Instruments's dividend payout ratio (DPR) is presently -3.30%.

MKS Instruments Company Profile

MKS Instruments, Inc provides foundational technology solutions to semiconductor manufacturing, electronics and packaging, and specialty industrial applications in the United States, Germany, China, South Korea, and internationally. It operates through Vacuum Solutions Division (VSD), Photonics Solutions Division (PSD), and Material Solutions Division (MSD) segments.